Elemental Royalty Corporation (TSX:ELE)
Canada · Delayed Price · Currency is CAD 22.52
+1.06 (4.94%)
Nov 6, 2026, 4:00 PM EST
Elemental Royalty Stock Forecast
Stock Price Forecast
According to 6 analysts polled by S&P Global, Elemental Royalty stock has a consensus rating of "Strong Buy" and an average price target of $36.50. The average 1-year stock price forecast is 62.08% higher than the current stock price, while the lowest is $35.00 (+55.42%) and the highest is $38.00 (+68.74%).
Price Target: $36.50 (+62.08%)
Analyst Consensus: Strong Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for Elemental Royalty stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 4 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 1 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 6 | 5 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst National Bank No rating | National Bank | Buy Maintains $35.00 → $38.00 | Buy | Maintains | $35.00 → $38.00 | +68.74% | Oct 28, 2026 |
Unknown Analyst Raymond James No rating | Raymond James | Buy Maintains $33.00 → $36.00 | Buy | Maintains | $33.00 → $36.00 | +59.86% | Sep 23, 2026 |
| H.C. Wainwright | H.C. Wainwright | Buy Reiterates $46.05 → $43.26 | Buy | Reiterates | $46.05 → $43.26 | +92.08% | Sep 23, 2026 |
Unknown Analyst CIBC No rating | CIBC | Buy Maintains $33.49 | Buy | Maintains | $33.49 | +48.71% | Aug 12, 2026 |
Financial Forecast
Revenue This Year
89.79M
from 43.64M
Increased by 105.74%
Revenue Next Year
112.07M
from 89.79M
Increased by 24.81%
EPS This Year
0.22
from 0.12
Increased by 85.10%
EPS Next Year
0.41
from 0.22
Increased by 90.16%
EPS and Forward PE are based on non-GAAP adjusted numbers.